AGOA Status
Namibia is eligible for AGOA this year. It also qualifies for textile and apparel benefits.
Trade Agreements
The U.S. and the Southern Africa Customs Union (SACU), which includes Namibia, signed a Trade, Investment, and Development Cooperative Agreement (TIDCA) in 2008. The TIDCA establishes a forum for consultative discussions, cooperative work, and possible agreements on a wide range of trade issues, with a special focus on customs and trade facilitation, technical barriers to trade, sanitary and phytosanitary (SPS) measures, and trade and investment promotion.
Namibia Trade Summary
U.S. total goods trade with Namibia were $435.7 million in 2024. U.S. goods exports to Namibia in 2024 were $160.5 million, down 9.1 percent ($16.1 million) from 2023. U.S. goods imports from Namibia in 2024 were $275.2 million, up 107.4 percent ($142.5 million) from 2023. The U.S. goods trade deficit with Namibia was $114.7 million in 2024, a 361.3 percent increase ($158.6 million) over 2023.